|Bid||140.83 x 100|
|Ask||143.49 x 100|
|Day's Range||142.06 - 142.72|
|52 Week Range||86.25 - 145.88|
|PE Ratio (TTM)||17.31|
|Dividend & Yield||3.32 (2.39%)|
|1y Target Est||N/A|
Ameriprise is using higher advisor productivity to offset to loss of 12b-1 fees, writes Financial Planning. The firm scrapped 12b-1 fees in April on advisory accounts, costing it $54 million in the second quarter. Meanwhile, retail client assets rose 11%, to $512 billion.
Q2 2017 Ameriprise Financial Inc Earnings Call
Ameriprise (AMP) Q2 revenues improve year over year. Lower expenses act as tailwind.